North India cotton yarn faces payment woes; mills unable to hike rates

North India’s cotton yarn trade remains subdued due to sluggish demand, tight payment conditions, and uncertainty over upcoming US tariffs.
Mills are unable to pass on rising cotton costs to buyers amid weak domestic and export demand.
Cotton prices continue to rise, driven by bullish ICE trends and CCI’s auction policies.
Meanwhile, home textile exports from Panipat are stagnant.